{"id":38412,"date":"2022-10-26T12:29:52","date_gmt":"2022-10-26T16:29:52","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=38412"},"modified":"2022-10-26T12:29:56","modified_gmt":"2022-10-26T16:29:56","slug":"tezos-price-set-to-experience-surge","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/tezos-price-set-to-experience-surge\/","title":{"rendered":"Tezos price Set To Experience SURGE"},"content":{"rendered":"\n
Since September, the price of Tezos has dropped by 20%. The downtrend has been choppy<\/a>, which suggests that a bullish rebound could happen. If the price goes above $1.45, it could lead to a 27% rise. The price of Tezos shows a possible setup for a swing trade. Key levels have been defined.<\/h5>\n\n\n\n
\"Tezos
Tezos price Set To Experience SURGE<\/figcaption><\/figure>\n\n\n\n

Tezos price has potential<\/h2>\n\n\n\n

The price of Tezos (XTZ) has been below water all fall, as the bulls have been stuck in a 20% drop<\/a>. But if you look at the technicals, you can see that the bulls are building up steam for a big punch against the trend.<\/p>\n\n\n\n

At the moment, the auction price of XTZ is $1.39. Many people who use the Elliot Wave method call the wedge-shaped pattern made by the falling trend an “ending diagonal.” At the bottom of the pattern, a lot of volumes have started coming into the market. On October 25, the 8-day exponential<\/a> and 21-day simple moving averages were successfully herded by the bulls. The Relative Strength Index has also moved back into a positive area, and it has made a number of bullish divergences<\/a>.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

If the technicals are right, the price of Tezos could be about to skyrocket 27% toward the highs of September at $1.76. A break above the $1.45 swing high will be the last confirmation and the best time for bulls who have been sitting on the sidelines to get back in.<\/p>\n\n\n\n

If the confirmation signal happens, the bullish thesis will be broken if the price falls<\/a> below the $1.25 swing low from October 13. On the other hand, a breach of the 1.25 low could cause a rush of sellers aiming for liquidity levels near $1.00, which could lead to a 25% drop.<\/p>\n","protected":false},"excerpt":{"rendered":"

Since September, the price of Tezos has dropped by 20%. The downtrend has been choppy, which suggests that a bullish rebound could happen. If the price goes above $1.45, it could lead to a 27% rise. The price of Tezos shows a possible setup for a swing trade. Key levels have been defined. Tezos price […]<\/p>\n","protected":false},"author":39,"featured_media":38414,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[202,1075,3982],"class_list":["post-38412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies","tag-blockchain","tag-bullish","tag-tezos"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/10\/image-162.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/38412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=38412"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/38412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/38414"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=38412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=38412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=38412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}